We had a couple weeks in the winter to have it replaced, and even with my father doing a lot of the work (crushing the old tank, grading, seeding, etc...) it cost... $12,100.Original profit would have been $36,166.10, which still not great, would have landed me better than originally expected.

These rules were really written for angel and seed rounds and NOT for real estate.  

The more deals you use it on, the lower thecost ofthe money/flip...and, you are building up profits so that when the loan is due, you've expanded you original seed money so that you can pay back the loan and still have all cash to work with.

I attended a 3day seminar/workshop with Real Estate intensive and all I can say is that I paid $2000 for a very special seed and taste for REI that was planted inside of me.

We all got to start from somewhere, just trying to sow as many seeds as I can now and try to get lucky with a few flips and some value add MFH deals before the correction happens whenever that is.

Today would not have happened though if you weren't sowing the right seeds before now!

I have a cash offer in on a 10 year old, 1069 sq Foot,  3/3 Townhome that needs more than a little work (Replacing the carpets and linoleum with laminate floors, sanding, minor patching, painting walls, and re-seeding a 500 sq foot back yard), but not a full rehab. 

Profit can be made in any economy...and yes, lost too, but if you understand and follow the three diciplines I listed above, your "loses" will be only your profit...and your "seed" money will remain in your hands.  

What was more important was the seed money for investing rather than luxuries.However, in my past, there has been a lot of friends and family that are high earners.

I've planted some seeds in Orlando Florida for wholesaling.